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Lite-On Technology Corp to merge with subsidiaries


Monday, 16 Dec 2013 05:21am EST 

Lite-On Technology Corp:Says to merge with three indirect wholly owned subsidiaries including Leotek Electronics Corporation and Li Shin International Enterprise Corporation.Says Leotek Electronics is engaged in development, manufacture and sale of light-emitting diode (LED) products, Li Shin International Enterprise is engaged in manufacture and trading of electronic parts and the other subsidiary is engaged in manufacture and sale of electronic parts and batteries.Says to pay T$26.09 per share for shares of Leotek Electronics.Says the company to merge with Leotek Electronics as a record of Apr. 7, 2014, Li Shin International as a record of Mar. 15, 2014 and the other subsidiary as a record of Apr. 15, 2014.Says the company will be the surviving company and the three subsidiaries will be dissolved. 

Company Quote

35.55
0.4 +1.14%
19 Dec 2014